shows their key findings: the production of crude (liquid) oil rises slightly ... to the liquid fuel production. It is interesting to see that they do not take bio fuels ...production level of conventional oil is stable over the years. Especially this assumption

declines in North America and the North Sea. An increase in OPEC natural gas liquids ... 1 Total non-OPEC supply increases steadily over the medium-term, rising by 3 mb/d over the period 2010–2015. The key drivers of this growth are the Caspianmb/d region, Brazil

per day in 2035. In the Reference case, most of the growth in liquids use is in the transportation sector, where, in the absence of significant technological advances, liquids continue to provide much of the energy consumed. Liquid fuels remain an important